Yeah this is brutal for long term holders who believed.
I guess silver lining is they have made the decision, no ambiguity about it, its over and lets move on, they have cash in bank to focus on a new profitabl project, quite a lot of cash, catalysts could be new venture, complete change of direction, it is an enviable cash position, sure there are a lot of viable projects out there that just need some funding .
I think its a good trade here from 1.8 as well for a grind back to mid 2s as panic selling stops and we start hearing of managements new focus.
Ann: Project Sea Dragon Review Investor Briefing Presentation, page-27
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0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.673M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $4.701K | 2.850M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 103074199 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 5016074 | 5 |
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| Last trade - 14.48pm 13/11/2024 (20 minute delay) ? |
| SFG (ASX) Chart |